Property profile

3519 Military St Port Huron, MI 48060

FOR SALE
Warehouses
Property ID
US43-1567107
18,588 SF 0.57 ac lot Built 1967
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 19,000-square-foot retail property, located at 3519 Military St in Port Huron, Michigan, presents a unique investment opportunity. Situated on a 2.89-acre lot, this single-tenancy building boasts 100% occupancy and offers stunning water views. Built in 1967 and zoned for commercial use, the property features 24-foot ceilings and 14-foot overhead doors, easily accommodating semi-trucks. Recent extensive renovations include a new concrete interior, a modern tiled-floor office, fresh paint, new trim, doors, and a renovated bathroom. Significant upgrades also encompass a new roof, furnace, water heater, and plumbing system – all completed by licensed contractors with permits and inspections. Ample parking is available with 100 spaces. The property's size and location make it ideal for a variety of uses, including redevelopment into condominiums, storefronts, or even a grocery store. This is a truly one-of-a-kind property in Port Huron, priced at $1,790,000 ($94.21/sq ft). The current lease has expired. Please note that audio and/or video surveillance may be in use.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 18,588 SF
Lot 0.57 ac (24,829 SF)
APN 74-06-152-0012-000
UPID US43-1567107

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

3519 Military St Port Huron, MI 48060
Port Huron metro Census 620000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$621k
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Industrial (general) $910,000 +46.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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